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About Heng Hup Holdings
Its shares trade on HKEX under the ticker 1891.HK. It has been listed since 15 March 2019. In the fiscal year to 31 December 2024, it reported revenue of MYR 1.71bn and net income of MYR 25.5m. At that date it held total assets of MYR 380.3m and shareholders' equity of MYR 238.4m.
Heng Hup Holdings Ltd. is an investment company, which engages in trading of recycling materials. The company is headquartered in Shah Alam, Selangor. The company went IPO on 2019-03-15. The firm and its subsidiaries are principally engaged in trading of scrap ferrous metals, used batteries, waste paper and other scraps. The company operates in a single segment which is trading of recycling materials. The firm's scrapyard sales business includes the purchase of scrap ferrous metals from various sources and process them at its scrapyard to the required specification and sells them to its steel mill customers. Its direct delivery sales business includes the purchase of processed scrap ferrous metals from external third-party scrapyards (suppliers who are not approved scrap metal providers of the steel mills) and sells them to customers without processing. The company also operates three scrapyards with an aggregate land area of approximately 51,000 square meters, equipped with the processing machinery for ferrous metals. The firm has its scrapyards located in the states of Melaka, Selangor and Johor.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Trading Companies & Distributors
- Listed since
- 15 Mar 2019
- Employees
- 227
- Website
- henghup.com ↗
Leadership
Pay as last reported
- Datuk Kok Chin SiaExecutive Chairman of the Board, Chief Executive Officer, since 2018MYR 1.7m
- Datuk Keng Leong SiaExecutive Director, since 2018MYR 1.8m
- Mr. Kok Chong SiaExecutive Director, since 2018MYR 1.8m
- Mr. Kok Heong SiaExecutive Director, since 2018MYR 1.9m
- Mr. Kok Seng SiaExecutive Director, since 2018MYR 1.7m
- Mr. Eng Kiat GohRegional Manager
- Ms. Tsz Yu ChanCompany Secretary
- Mr. Kheh Wee ChuIndependent Non-Executive DirectorMYR 96,000
- Mr. Chin Jong PuarIndependent Non-Executive DirectorMYR 96,000
- Ms. Shiow Yin SaiIndependent Non-Executive DirectorMYR 96,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- The company operates three scrapyards with an aggregate land area of approximately 51,000 square meters.
- It possesses processing machinery for ferrous metals at its facilities.
- Scrapyard sales include processing scrap to required specifications for steel mill customers.
Weaknesses
- The firm operates in a single segment which is trading of recycling materials.
- It relies on direct delivery sales from external third-party suppliers.
- The company has only 227 full-time employees.
Opportunities
- The business includes purchasing used batteries and waste paper for trading.
- It can expand its direct delivery sales without processing.
- The firm trades various scraps beyond just ferrous metals.
Threats
- Direct delivery sales depend on suppliers who are not approved providers.
- The company is headquartered in Shah Alam, Selangor.
- It went public on 2019-03-15.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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